8
See all 8 photos
$498,000
Est. payment /mo
1.15 Acres Lot
Active
21 Major Thomas J Mcgrath Highway #504 Quincy, MA 02169
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73366279
HOA Y/N false
Year Built 1987
Annual Tax Amount $9,296
Tax Year 2025
Lot Size 1.150 Acres
Acres 1.15
Property Description
This turnkey commercial condo in Quincy's thriving business district offers an exceptional cash-flowing asset with a proven 8%+ ROI and premium professional-grade features. This space includes 8 private offices, a client waiting area, and a private bathroom—making it ideal for medical practices (therapy, dental, specialists), law firms, or consulting groups seeking move-in-ready space. Located steps from I-93/Route 3 with free on-site garage parking, this unit combines convenience with high tenant demand. Currently leased with stable income, the condo's smart layout and low-maintenance ownership make it a rare passive investment in Greater Boston's hottest secondary market. Priced aggressively below replacement cost—serious investors should act fast. Current Rent $5,120, lease expires in April 2026. condo fee $1035/month, tax $862/month. Total rate of return 8%.
Location
State MA
County Norfolk
Area Quincy Center
Zoning BUSC
Direction situated on a segment of Massachusetts Route 3A, a major north–south route that runs through Quincy.
Exterior
Utilities Available Public Water, Public Sewer
Total Parking Spaces 2
Others
Senior Community false
Listed by Kwan Realty Inc.